The Sequester Came, Obama Ordered
Maximum Pain
And the Stock Market Set All Time Record
Highs
Obama delivered on his threats to
exact maximum pain on America because HIS sequester has gone into effect. Obama had proposed the unsound idea of across
the board cuts to the military and the discretionary portions of the budget as
part of his scheme to get Congress to raise the debt ceiling before his
re-election. Now that he is re-elected
and his sequestration has gone into effect, Obama and his minions have started
to wreak intentional havoc on Americans.
The stock market had other ideas.
Despite Obama’s histrionics, on March 5, 2013, the Tuesday after Obama’s
sequester went into effect, the Dow Jones Industrial Average established an all
time high of 14,253.85, the Nasdaq hit 3,224.13, a level not seen since
November 2000, and the S&P 500 hit 1,539.79, which was a new high not seen
since November 2007. The Dow Jones
continued its upward trajectory for the rest of the week and set records for
the next seven days and is on a winning streak of ten days and counting. Apparently, unlike
Obama, the stock market thinks that cutting government spending is a very good
thing, even if it is by Obama’s unfortunate sequester. Many people, including those trading in the
stock market think the sequester is the only way Obama can be forced to cut government
spending.
Meanwhile, Obama’s faithful Homeland Security Secretary Janet Napolitano
(D) could not wait for the sequester to kick in. Just days before the sequester took effect,
she released over 2,000 illegal immigrants from prison in Arizona and threatened to release over 3,000
more. Since these prisoners were being
held pursuant to a court order, Janet Napolitano’s actions are not only
outrageous but appear to have broken the law.
Governor of Arizona Jan Brewer (R) said Napolitano’s actions are the “height
of absurdity” given that the release was before the sequester had even gone
into effect. Furthermore, also before
the sequester Immigration Customs Enforcement, which reports to Napolitano,
said it would release 10,000 illegal detainees nationwide.
On March 1st, on Fox
News Channel (FNC)’s “American Newsroom,” Governor Brewer said that
beyond the sequester, there was another reason for releasing the illegal
detainees. In response to host Bill
Hemmer’s question, “Why do you think this happened in Arizona , in your state?” Governor Brewer said:
“Well, you know, I personally
believe that it could be pay back, it could be to punish Arizona, make them
squirm. They are pushing back on what we are
pushing on because we want our borders secured. And we’re strong about it. We believe in the rule of law, which they
should be upholding. And they’re not.”
HEMMER: “Do you think they are
picking on you?”
Perry continued:
When you start talking about turning
loose individuals, who could be quite criminal in their nature, that’s quite a
big problem, and this Administration needs to be thoughtful about how you deal
with the sequester issue and cutting and prioritizing. We do it in the states every day. This seems
to be a plan to scare as many Americans as we can—to put as much pain onto
individuals….I think this President has a political agenda that he is driving,
not one that’s looking to solve problems in this country.”
Also on Greta’s “On The Record,”
Paul Babeu, Sheriff of Pinal County in Arizona, said the release of illegal
immigrants is a danger to public safety.
He said that when he contacted ICE for information about the release, at
first ICE tried to conceal that it happened, and then they lied about the
number and nature of the persons released. He is demanding that Congress hold a public
inquiry. California ’s Republican Congressman Darrell
Issa, who is the head of the Congressional Oversight Committee and sits on the
Judiciary Committee, said that the Judiciary and the Homeland Security
Committees have already launched investigations into Napolitano’s ICE’s illegal
release of illegal immigrants and that the Oversight Committee will work with
those investigations.
Issa also said Obama’s own Inspector
General has pointed out $67 billion in Federal Government waste that would be a
better place to start cutting than releasing illegal immigrants. However, Obama refuses to listen to his own
Inspector General. Id.
Apparently, Obama is more interested in pursuing his agenda of
inflicting pain on the American people. There
is more flexibility in the sequester than the President is admitting and the
House Republicans offered a bill to give the Executive Branch more flexibility
in making the cuts, but the President wasn’t interested. He wants to exact maximum pain.
The pain campaign continues with the
military cuts, where Obama is cutting training, maintenance and the deployment
of the carrier USS Harry S. Truman, as well as threatening massive layoffs and
furloughs of civilian and military DOD personnel. The USS Truman was scheduled to deploy on
March 1st, and Obama personally approved the order to stop the deployment. The order stopping that deployment will mean
that the US will only have
one carrier deployed to the Persian Gulf .
The TSA agreed to buy $50 million in
new uniforms just before the sequester went into effect, at the same time
Transportation Secretary Ray LaHood announced that the sequester could result
in flight delays of 90 minutes and warned of furloughing air traffic
controllers. Janet Napolitano backed up
LaHood on the furloughs and stated long lines were already forming at airports,
a claim denied by airport officials.
“TSA signs $50 million uniform deal, as billions in federal cuts ripple
across America ,”
FoxNews.com, 3/6/13. TV cameras
deployed at airports have shown that the lines were short.
Tennessee Republican Representative
Marsha Blackburn criticized Napolitano by saying:
I find it deeply disturbing that
Secretary Janet Napolitano is running around scaring people by saying she is
going to have to furlough employees because of the sequester and that she would
also spend $50 million of taxpayer money on new uniforms. This is classic failure in leadership. Id.
Rep. Blackburn also stated that DHS
had the flexibility in the sequester to “cut waste, fraud and abuse from its
budget.” Id.
At the other extreme Obama ordered
the cancellation of tours of the White House to rub his sequester in the face
of taxpaying Americans and school children who had previously scheduled trips
to Washington with visits to the White House.
The tour guides are volunteers and several prominent individuals have
offered to raise the money to cover the rest of the costs. Some commentators have pointed out that Obama’s
weekend golf trip to Florida
to play a round of golf with Tiger Woods would have covered the cost of keeping
the White House open. Naturally, Obama
has rejected such offers of private individuals raising money for White House
tours, because he wants to inflict maximum pain on Americans, if he cannot get “his
own way.” And we know that Obama’s way
consists of inflicting another type of pain on Americans: the pain of higher taxes.
Finally, Yellowstone National Park
said it would delay opening the park by two to three weeks, because of the
sequester. On “Your World With Neil
Cavuto,” FNC, 3/11/13, Steve Moore of the Wall Street Journal said he
thinks the Obama Administration is not looking to find waste. “They are looking for the things that are most
sensitive to the American taxpayer.” Steve’s
position was supported by a statement by a Park Ranger, who has been quoted as
saying his Supervisors said they “want the public to feel the pain.” Id. Steve Moore also pointed out that Obama’s own
budget found hundreds of millions of dollars that were duplicative and could be
cut without doing anything to our environment.
Id.
Professor Thomas Sowell of Stanford
University predicted all of this in his insightful column in Investors
Business Daily on 3/05/13, p. A15.
He explained that big government will always cut the most popular
programs during a budget squeeze so that the public will demand their
reinstatement and thus defeat the budget cuts; there’s no point in cutting
things that the public won’t notice. Obama’s
histrionics and actions and those of his Administration are all political ploys
to inflict pain and punishment on Americans and blame the Republicans. Hopefully, the American people will see
through Obama’s political stunts.